DSWAP new toy. MARKET DCA. Make multiple transactions over time to get the best rates.

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We have a new feature that we've added to dswap. It's the ability to DCA, which stands for dollar cost average. Essentially, you're able to spread out a large market order over multiple purchases over a customizable amount of time. There's lots of bots that function here, but they don't have tons of liquidity. So, if you try to hit them with a large order at once you likely can't get the best deal for your money, but if you spread it out over 10 transactions you'll get a better deal. Doing that manually is no fun. Having this tool do it for you will save you money.

Right now it works for the bid/ask market, and you can see on this QA site link provided above and below that the DCA MARKET feature is now available for testing. Testing DOES still involve REAL TOKENS, so do reasonable amounts. Don't go crazy and risk large sums because these are real transactions with real tokens.

We're hoping a month from now (give or take a few weeks) we'll have a version called POOL DCA, which will do the same thing, but work with the diesel pools.

We're actively testing and in need of feedback, please go to the website, and log whatever feedback you in the ⁠dswap channel.

http://qa.dswap.trade/

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7 comments

There is no SSL at that website. Can't imagine people execute financial stuff with raw HTTP.

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Well, many people would not think about it this way :) even if their browser warns them :)

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There is no SSL at that website. Can't imagine people execute financial stuff with raw HTTP.

i'm a little late here. looks like the site's been updated

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yes seems like they've added it

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Another useful feature could be to make recurring payments to dswap into a "fund" where it speads out the Hive on several different tokens (Maybe 5 per fund) which we can assign a % per token and they will be bought at a specifical time/date :)

But hey! A DCA tool is amazing :D

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Cool new feature, thanks.

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a DCA tool, that's awesome!

I always find trouble DCA-ing myself, because I change my mind about what I want to do every week xD

Thanks!
!BBH

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Wow!

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